Fraud Summit - Chicago 2014 - You know today's hottest fraud threats. But what are the emerging schemes that should concern you? Which anti-fraud technologies should you be testing? Where are the potential legal traps to avoid? In this session from ISMG's Chicago Fraud Summit, Gartner's Avivah Litan and attorney Ronald Raether offer a sneak peek into:
Evolving fraud threats that are poised to strike organizations in the coming months;
Latest trends in fraud prevention;
How to review legal questions arising from recent cases such as the Target breach.
Gartner's Avivah Litan is one of the foremost experts on emerging fraud trends and technologies. Among the lessons learned she shares from Target and other high-profile data breaches:
Targeted attacks are increasingly successful through social engineering of employees and customers;
Criminals are assembling troves of identities with financial records attached;
They also are eluding fraud detection logic.
At the same time, she notes emerging solutions such as: organizations integrating identity proofing with account takeover detection, as well as continual surveillance and behavioral analysis.
In this recording of the closing session of Chicago Fraud Summit 2014, Litan discusses these trends, as well as the evolution of big data analytics and how to improve mobile commerce security.
She is followed by renowned breach response expert and attorney Raether, who gets to the heart of the recent retail breaches, noting who is being sued and why, and what conclusions we can draw from these cases as we make decisions about fighting fraud.
ISMG's Fraud Summits are one-day events focused exclusively on the top fraud trends impacting organizations and the mitigation strategies to overcome those challenges.
Litan is a vice president and distinguished analyst at Gartner Research. Her areas of expertise include endpoint security, security analytics for cybersecurity and fraud, user and entity behavioral analytics, insider threats, fraud detection, and prevention and identity proofing.
Partner, Partner at Troutman Pepper
Ron Raether leads the Cybersecurity, Information Governance and Privacy practice and is a partner in the Consumer Financial Services practice group at Troutman Pepper. Ron is known as the interpreter between businesses and information technology, and has assisted companies in navigating federal and state privacy laws for over twenty years. Ron's understanding of technology led him to be involved in legal issues that cross normal law firm boundaries, including experience with data security, data privacy, patent, antitrust, and licensing and contracts. This experience allows Ron to bring a fresh and creative perspective to data compliance issues with the knowledge and historical perspective of an industry veteran.
Ron's involvement in seminal data compliance and data use cases has helped define current standards in several areas of the law. He assisted one of the first companies required to provide notice of a data breach and has since successfully defended companies in hundreds of class actions and regulatory investigations. Ron represents clients in a broad range of technology and data privacy matters including data aggregation and analytics, mobile applications, de-identification/anonymization, including correlating data from multiple connected devices, "connected-things (IoT)," electronic crash- and consumer-reporting systems, and payment technologies. Ron also advises on pre- and post-incident compliance concerns ranging from the development of incident response plans and workflows, guiding clients through immediate forensic investigations, coordinating initial crisis management, which includes navigating clients through the maze of state and federal notification requirements, addressing post-incident aftermath, and responding to regulatory inquiries. Balancing privacy, cyber security and business functionality, Ron's approach to data governance is uniquely designed with the industry in mind as it adapts to the ever-evolving technological and legal landscape.